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RESOLUTION NO. 1362.
RESOLUTION OF TIill CITY OF ARCADIA APPROVING BOND TO
GUAHANTEE THE COST OF IlilPROVEh!ENTS AND 'I'HE 'I'IIIIE OI' COMPLETION
THEREOF IN TRACT NO. l3154.
THE CITY com~CIL OF THE CITY OF ARCADIA DOES RESOLVE AS
FOIJ,O':lS:
SECTION 1. WIIEREAS, final map of proposed Tract No.
13154 has heretofore been approved by this Council subject to
the approval of bond to e;uarantee the cost of improvement of
proposed streets and installation of water lines in said Tract.
NOW, THEREFORE, BE IT RESOLVED, that Surety Bond executed
by Fidelity and Deposit Company of Maryland, as Surety, and
Rancho Santa Anita, Inc., as Principal, dated February 9, 1945,
for the sum of Eleven Thousand Seven Hundred ($11,700.00) Dollars,
guaranteeing the installation of water lines, curbs, gutters and
pavement in said Tract No. 13154, as described in said bond be
and the s~e is hereby approved and accepted upon the terms and
conditions stated therein.
BE IT FURTHER RESOLVED that all improvements required
to be made in said Tract on streets and installation of water lines
shall be comple ted wi thin one ye ar from the date of said Bond.
SECTION 2. The City Clerk shall certify to the adoption of
this Resolution.
I hereby certify that the foregoing Resolution was adopted
at a regular meeting of the City Council of the City of Arcadia, held
on the 20th day of February, 1945, by the affirmative vote of at least
three Councilmen, to-wit:
AYES; Councilmen, Adcock, Billig, Nugent and Ormsby
NOES: None
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ABSffi~T:~Gouncilman Leeper
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Signed, a~.d,' approved this 20th day of
February
, 1945.
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Mayor t
ATTEST:
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